Opendoor Technologies (OPENZ) Cost of Revenue (2019 - 2026)
Opendoor Technologies (OPENZ) posted Cost of Revenue of $797 million for Q2 2026, down 44.6% from $1.44 billion a year earlier but up 23.0% from the prior quarter.
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Opendoor Technologies (OPENZ) Cost of Revenue (2019 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Cost of Revenue at Opendoor Technologies was $2.97 billion, down 37.6% year-over-year; for FY2025, it came in at $4.02 billion, down 14.8% from FY2024.
- Annual Cost of Revenue has declined for three consecutive years, though with a five-year compound annual growth rate of 11.2% (FY2020 to FY2025).
- In prior years, Opendoor Technologies' Cost of Revenue was $4.72 billion in FY2024 (-26.9%), $6.46 billion in FY2023 (-56.7%), $14.9 billion in FY2022 (+104.4%) and $7.29 billion in FY2021 (+208.5%).
- Quarterly Cost of Revenue has run from a low of $648 million in Q1 2026 to a high of $4.62 billion in Q1 2022 over five years.
- On a year-over-year basis, Cost of Revenue has declined in each of the last four quarters, with an average decline of 9.6% over the last eight quarters.
- The strongest year-over-year quarter for Cost of Revenue in the past five years was Q1 2022, with growth of 610.2%; the weakest was Q3 2023, with a decline of 76.7%.
- According to Business Quant data, Cost of Revenue for the three prior quarters was $648 million (Q1 2026), $679 million (Q4 2025) and $849 million (Q3 2025).
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Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 984.00 Mn |
| Jun 30, 2026 | 797.00 Mn |
| Mar 31, 2026 | 648.00 Mn |
| Dec 31, 2025 | 679.00 Mn |
| Sep 30, 2025 | 849.00 Mn |
| Jun 30, 2025 | 1.44 Bn |
| Mar 31, 2025 | 1.05 Bn |
| Dec 31, 2024 | 999.00 Mn |
| Sep 30, 2024 | 1.27 Bn |
| Jun 30, 2024 | 1.38 Bn |
| Mar 31, 2024 | 1.07 Bn |
| Dec 31, 2023 | 798.00 Mn |
| Sep 30, 2023 | 884.00 Mn |
| Jun 30, 2023 | 1.83 Bn |
| Mar 31, 2023 | 2.95 Bn |
| Dec 31, 2022 | 2.79 Bn |
| Sep 30, 2022 | 3.79 Bn |
| Jun 30, 2022 | 3.71 Bn |
| Mar 31, 2022 | 4.62 Bn |
| Dec 31, 2021 | 3.55 Bn |
API Access
Opendoor Technologies Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=OPENZ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "OPENZ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=OPENZ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();